A hedge fund bet against $4 billion fintech Remitly after it claimed a reverse image search of customer reviews revealed stock photos of women

Global remittance and money-transferring business Remitly saw its stock price fall more than 2% this week after short-seller Spruce Point Capital Management published a short report listing a litany of…

Hard times come to the hedge funds

This story originally appeared in the January 1970 issue of Fortune. It is the full text of an article excerpted in Tap Dancing to Work: Warren Buffett on Practically Everything,…